Product Code: A16817
The resistance temperature detector sensor market was valued at $935.1 million in 2021, and is projected to reach $1706.5 million by 2031, registering a CAGR of 6.2% from 2022 to 2031. A Resistance Temperature Detector (also known as a Resistance Thermometer or RTD) is an electronic device that measures the resistance of an electrical wire to determine the temperature.
The growth of the resistance temperature detector market is majorly driven by the advanced temperature monitoring system in EV is amplifying demand for RTD sensors coupled with mounting heating cable demand, backed by advancing urbanization to boost demand from OEM. Furthermore, ascending investment towards growth of Oil & Gas pipelines to facilitate the growth of market is anticipated to drive the market growth. However, rising tension between China and other developing as well as developed economies and availability of large number of substitutes to restrain growth of RTD sensor market are acting as some of the prime restraint of the market. In addition, government compliances and regulatory landscape is expected to restrain the market growth in coming years. On the contrary, remote RTD sensor coupled with customization factor to open up numerous markets is anticipated to provide lucrative opportunities for the expansion of the resistance temperature detector market during the forecast period.
The resistance temperature detector sensor market is segmented by material, configuration type, end use industry, and region. On the basis of material, the market is divided into platinum, nickel, copper, and others. Based on configuration type, the market is segmented into two wire RTD sensors, three wire RTD sensors, and four wire RTD sensors. On the basis of end use industry, the market is bifurcated into food processing industry, automotive industry, chemical industry, consumer electronics, and others. Region-wise, the resistance temperature detector sensor market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and the rest of the Europe), Asia-Pacific (China, India, Japan, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players operating in the market include ABB Ltd., Analog Devices, Emerson Electric Co., General Electric, Kongsberg GRUPEEN, Microchip Technology Inc., NXP Semiconductor N.V., Omega Engineering, Panasonic Holding Corporation, and STMicroelectronics.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the resistance temperature detector sensor market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall Resistance Temperature Detector Market Analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to Resistance Temperature Detector Market Opportunity, drivers and restraints with a detailed impact analysis on Resistance Temperature Detector Market Growth.
- The Resistance Temperature Detector Market Forecastis quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.
- The Porter's Five Forces analysis illustrates the potency of the buyers and suppliers in the RTD Sensor.
- The report includes the share of key vendors and Resistance Temperature Detector Market Trends.
- Key Market Segments
By Material
- Platinum
- Nickel
- Copper
- Others
By Configuration Type
- Two Wire RTD Sensors
- Three Wire RTD Sensors
- Four Wire RTD Sensors
By End Use Industry
- Food Processing industry
- Automotive industry
- Chemical industry
- Consumer Electronics
- Others
By Region
- North America
- Europe
- France
- Germany
- Italy
- United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Emersons Electric
- Analog Devices Inc.
- ABB Ltd
- Kongsberg Gruppen
- NXP Semiconductors N.V.
- omega engineering
- Panasonic Corporation
- Microchip Technology Inc.
- STMicroelectronics
- General Electrics
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: RESISTANCE TEMPERATURE DETECTOR MARKET, BY MATERIAL
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Platinum
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Nickel
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Copper
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Others
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
CHAPTER 5: RESISTANCE TEMPERATURE DETECTOR MARKET, BY CONFIGURATION TYPE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Two Wire RTD Sensors
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Three Wire RTD Sensors
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Four Wire RTD Sensors
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: RESISTANCE TEMPERATURE DETECTOR MARKET, BY END USE INDUSTRY
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Food Processing industry
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Automotive industry
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 Chemical industry
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 Consumer Electronics
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
- 6.6 Others
- 6.6.1 Key market trends, growth factors and opportunities
- 6.6.2 Market size and forecast, by region
- 6.6.3 Market analysis by country
CHAPTER 7: RESISTANCE TEMPERATURE DETECTOR MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Material
- 7.2.3 North America Market size and forecast, by Configuration Type
- 7.2.4 North America Market size and forecast, by End Use Industry
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Material
- 7.2.5.1.2 Market size and forecast, by Configuration Type
- 7.2.5.1.3 Market size and forecast, by End Use Industry
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Material
- 7.2.5.2.2 Market size and forecast, by Configuration Type
- 7.2.5.2.3 Market size and forecast, by End Use Industry
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Material
- 7.2.5.3.2 Market size and forecast, by Configuration Type
- 7.2.5.3.3 Market size and forecast, by End Use Industry
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Material
- 7.3.3 Europe Market size and forecast, by Configuration Type
- 7.3.4 Europe Market size and forecast, by End Use Industry
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 France
- 7.3.5.1.1 Market size and forecast, by Material
- 7.3.5.1.2 Market size and forecast, by Configuration Type
- 7.3.5.1.3 Market size and forecast, by End Use Industry
- 7.3.5.2 Germany
- 7.3.5.2.1 Market size and forecast, by Material
- 7.3.5.2.2 Market size and forecast, by Configuration Type
- 7.3.5.2.3 Market size and forecast, by End Use Industry
- 7.3.5.3 Italy
- 7.3.5.3.1 Market size and forecast, by Material
- 7.3.5.3.2 Market size and forecast, by Configuration Type
- 7.3.5.3.3 Market size and forecast, by End Use Industry
- 7.3.5.4 United Kingdom
- 7.3.5.4.1 Market size and forecast, by Material
- 7.3.5.4.2 Market size and forecast, by Configuration Type
- 7.3.5.4.3 Market size and forecast, by End Use Industry
- 7.3.5.5 Rest of Europe
- 7.3.5.5.1 Market size and forecast, by Material
- 7.3.5.5.2 Market size and forecast, by Configuration Type
- 7.3.5.5.3 Market size and forecast, by End Use Industry
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Material
- 7.4.3 Asia-Pacific Market size and forecast, by Configuration Type
- 7.4.4 Asia-Pacific Market size and forecast, by End Use Industry
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 China
- 7.4.5.1.1 Market size and forecast, by Material
- 7.4.5.1.2 Market size and forecast, by Configuration Type
- 7.4.5.1.3 Market size and forecast, by End Use Industry
- 7.4.5.2 Japan
- 7.4.5.2.1 Market size and forecast, by Material
- 7.4.5.2.2 Market size and forecast, by Configuration Type
- 7.4.5.2.3 Market size and forecast, by End Use Industry
- 7.4.5.3 India
- 7.4.5.3.1 Market size and forecast, by Material
- 7.4.5.3.2 Market size and forecast, by Configuration Type
- 7.4.5.3.3 Market size and forecast, by End Use Industry
- 7.4.5.4 South Korea
- 7.4.5.4.1 Market size and forecast, by Material
- 7.4.5.4.2 Market size and forecast, by Configuration Type
- 7.4.5.4.3 Market size and forecast, by End Use Industry
- 7.4.5.5 Rest Of Asia Pacific
- 7.4.5.5.1 Market size and forecast, by Material
- 7.4.5.5.2 Market size and forecast, by Configuration Type
- 7.4.5.5.3 Market size and forecast, by End Use Industry
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Material
- 7.5.3 LAMEA Market size and forecast, by Configuration Type
- 7.5.4 LAMEA Market size and forecast, by End Use Industry
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Latin America
- 7.5.5.1.1 Market size and forecast, by Material
- 7.5.5.1.2 Market size and forecast, by Configuration Type
- 7.5.5.1.3 Market size and forecast, by End Use Industry
- 7.5.5.2 Middle East
- 7.5.5.2.1 Market size and forecast, by Material
- 7.5.5.2.2 Market size and forecast, by Configuration Type
- 7.5.5.2.3 Market size and forecast, by End Use Industry
- 7.5.5.3 Africa
- 7.5.5.3.1 Market size and forecast, by Material
- 7.5.5.3.2 Market size and forecast, by Configuration Type
- 7.5.5.3.3 Market size and forecast, by End Use Industry
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 Emersons Electric
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 Analog Devices Inc.
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 ABB Ltd
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 Kongsberg Gruppen
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 NXP Semiconductors N.V.
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 omega engineering
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 Panasonic Corporation
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 Microchip Technology Inc.
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 STMicroelectronics
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 General Electrics
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments